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if japan decides to take part, what would be the impact on i wants economy. there are advantages and disadvantages. here are some of the major issues. u.s. tariffs are 5% for testi televisions and 2.5% for cars. it could enable japanese makers to sell them cheaper. more exports will help create more jobs in japan. the government estimates the real gross domestic product will grow about $33 billion. that's an extra growth of 0.06%. japan imposes import if tariffs are abolished the total production would be cut by $31 billion. that's a 40% drop from the current output. now let's get a check on the markets. the dow jones is higher for a tenth day. it rose about 0.06% to 14,539 posting another record high. investors continue to see a rosier picture for the world's largest economy. to see how stocks are performing this friday we're going to switch over to ramin. the positive momentum just continues in the u.s. and the nikkei also saw gains yesterday. is that continuing this friday? >> it doesn't seem. we should see further gains. i'll come to the opening levels ri
if japan decides to take part, what would be the impact on i wants economy. there are advantages and disadvantages. here are some of the major issues. u.s. tariffs are 5% for testi televisions and 2.5% for cars. it could enable japanese makers to sell them cheaper. more exports will help create more jobs in japan. the government estimates the real gross domestic product will grow about $33 billion. that's an extra growth of 0.06%. japan imposes import if tariffs are abolished the total...
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we have to rebuild our economy. we have to do it again. we have to make america strong again, and make america great again. [applause] thank you. when it comes to immigration, you know that the 11 million illegals, even if given the right to vote -- you will have to do what's right, but the fact is, 11 million people will be voting democratic. you can be up front, you can be the spearhead, you can do whatever you want to do, but every one of those 11 million people will be voting democratic. it is just the way it works. you have to be very careful. because you could say that to a certain extent, the odds aren't looking so great right now for republicans, that you are on a suicide mission. you are just not going to get those votes. i say to myself, why aren't we letting people in from europe? i have many friends, many many friends, from europe who want to come in. people i know. tremendous people. hard people. -- hard working people. they cannot come in. i know people whose sons went to harvard, top in their class. went to the wharton schoo
we have to rebuild our economy. we have to do it again. we have to make america strong again, and make america great again. [applause] thank you. when it comes to immigration, you know that the 11 million illegals, even if given the right to vote -- you will have to do what's right, but the fact is, 11 million people will be voting democratic. you can be up front, you can be the spearhead, you can do whatever you want to do, but every one of those 11 million people will be voting democratic. it...
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Mar 19, 2013
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they bumped liquidity into the economy, but he said he took extreme care to make sure the country did not shoulder the countries debt. he also said they could not change fast enough to keep pace with the ageing population and the progress has caused the economy to stall. the consulting chief researcher spoke about his five years in office. he criticized the governor for not working hard enough to pull the country out of deflation. he said he worried too much about the risks of inflation that could set in if he took bold, monetary measures. >> he was able to end deflation. he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him credit for helping to stabilize the financial system. japan did not experience a financial crisis despite the collapse of lehman brothers and the earthquake two years ago. here are the latest market figures. >>> people across iraq are looking back on a war that took away one problem and replaced it with many others ten years ago on march 20th, u.s.-led forces invaded their coun
they bumped liquidity into the economy, but he said he took extreme care to make sure the country did not shoulder the countries debt. he also said they could not change fast enough to keep pace with the ageing population and the progress has caused the economy to stall. the consulting chief researcher spoke about his five years in office. he criticized the governor for not working hard enough to pull the country out of deflation. he said he worried too much about the risks of inflation that...
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Mar 16, 2013
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when uncertainty increases in the economy, investment slows down and we all know that. risk capital starts to dry up. the riskiest fornl is venture capital. what we do on the west coast or new arc or whatever it is, silicon valley is the beating heart. >> when you say risk capital, it is ventures that sometimes fail and sometimes are astronomically successful. >> that's part of the job. we're not talking about a huge amount of money per year. we're talking single-digit millions per year and those billions per year create hundreds of billions of dollars in wealth and in job creation and in wealth creation. so that is the money that dries up first and we're seeing it already in silicon valley. >> you're saying the cuts, what's the part that dries it up, the uncertainty our the can you say to the research spending and what's the this i think that most hurts. >> fastest is uncertainty. confidence is the cheapest form of stimulus. when congress is not acting, when it is acting very poorly, when it is acting, what is happening is the all forms of capital, all forms of investm
when uncertainty increases in the economy, investment slows down and we all know that. risk capital starts to dry up. the riskiest fornl is venture capital. what we do on the west coast or new arc or whatever it is, silicon valley is the beating heart. >> when you say risk capital, it is ventures that sometimes fail and sometimes are astronomically successful. >> that's part of the job. we're not talking about a huge amount of money per year. we're talking single-digit millions per...
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. >> your personal economy is made up of things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented by kcet, los angeles. captioning sponsored by macneil/lehrer productions >> woodruff: rebels in syria said today they would not stop fighting until president bashar al-assad is gone. good evening, i'm judy woodruff. >> brown: and i'm jeffrey brown. on the "newshour" tonight: two years into the syrian uprising, we look at the situation on the ground, and the diplomatic debate over aiding the rebels. >> woodruff: kwame holman reports from the annual gathering of american conservative activists, who are trying to chart their political future. >> with last november's defeat of mitt romney, this key bloc of conservative enthusiasts has set its sights on a new goal: re
. >> your personal economy is made up of things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented by kcet, los angeles. captioning sponsored by macneil/lehrer...
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Mar 21, 2013
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they will continue to support the gradual recovery in the economy until there's clear sign of improvement. the decision was made at a two-day policy meeting that ended on wednesday. they said the u.s. committee is growing moderately. they pointed to continued improvement in the housing market and a rise in household spending and corporate capital investment. the unemployment rate remains high at the upper 7% level. they warned against a fiscal policy stemming from mandatory stemming cuts. fed officials say the bank will continue to eject funds into the market giving these challenges. they are doing this by buying $85 billion worth of mortgage backed security and long term government bonds each month. they will maintain a near 0% interest rate policy. some federal reserve officials have expressed concern. that month of asset purchases could disrupt markets and bring about higher prices. in a news conference about the second day of the policy board meeting ben bernanke said those risks can be contained. >> the committee considered risks to financial stability. it will lead some to take on e
they will continue to support the gradual recovery in the economy until there's clear sign of improvement. the decision was made at a two-day policy meeting that ended on wednesday. they said the u.s. committee is growing moderately. they pointed to continued improvement in the housing market and a rise in household spending and corporate capital investment. the unemployment rate remains high at the upper 7% level. they warned against a fiscal policy stemming from mandatory stemming cuts. fed...
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Mar 20, 2013
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there is enough money to keep the economy moving forward, but these are very, very difficult days. tomorrow, the banks will be closed again, and quite possibly on friday, too. >> thank you. we are bringing you all of the latest developments from cyprus as they search for a solution there. police have searched the home of kristie in the guard. ofkhristine lasard, the head the international monetary fund. the operator of japan pose the damaged nuclear power plant in fukushima said iraq had been responsible for a loss of power this week. -- said a rat has been responsible for a loss of power this week. a dead rat was found near a switchboard. the company is investigating whether the raft was the cause. that it has killed a french national captured in mali in 2011. it claims it executed the man in retaliation for france's intervention in mali. the french foreign ministry said it is trying to verify those claims. the first test- tube baby was born in the u.k., the country could be leading the way again. this time it is a new idf procedure that creates a baby with three biological parent
there is enough money to keep the economy moving forward, but these are very, very difficult days. tomorrow, the banks will be closed again, and quite possibly on friday, too. >> thank you. we are bringing you all of the latest developments from cyprus as they search for a solution there. police have searched the home of kristie in the guard. ofkhristine lasard, the head the international monetary fund. the operator of japan pose the damaged nuclear power plant in fukushima said iraq had...
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our military strength depends on an economy so strong that it can support that kind of military. our economy depends on a people that are so strong, so educated, so resolute, so hard working, so inknow vintive, so focused on the creating a great future for their children. that is the america we grew up in. that is the america that our children deserve. [applause] just think about america. what nation but ours would have enjoyed military power for 25 years and never used it to seek revenge against it's foes or to seize natural resources from the weak? what nation is the first to bind up the wounds of the injured from hurricanes and tsunamis and war? what nation is the largest contributor to the fight in africa against aids? what nation came to the rescue of others in the face of tyranny in korea, street nan, bosnia, afghanistan, kuwait, iraq. when you think of this -- whatever you think of these interventions, the impulse behind every one of them is little bit per ration not -- liberation, not con quest. in all of human history, there has never been a great pow their is so often u
our military strength depends on an economy so strong that it can support that kind of military. our economy depends on a people that are so strong, so educated, so resolute, so hard working, so inknow vintive, so focused on the creating a great future for their children. that is the america we grew up in. that is the america that our children deserve. [applause] just think about america. what nation but ours would have enjoyed military power for 25 years and never used it to seek revenge...
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. >> your personal economy is made up of things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented by kcet, los angeles. picking day! we're going to the enchanted garden to pick fruit. and then, we're going to help my dad build a playhouse. we have a lot to do today. i'm glad you're here. be right back! is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and by the arthur vining davis foundations. dedicated to strengthening america's future through education. adcasting, dedicated to strengthening america's future a
. >> your personal economy is made up of things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented by kcet, los angeles. picking day! we're going to the enchanted garden...
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to new cures, harness new energy and have helped transform us in the high-tech homes of our global economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and floods come, our doctors and rest was reached out to help. when people are suffering, from africa to asia, we partnered to fight disease and overcome hunger. piecend together because must come to the holy land. for even as we are clear-eyed about the difficulties we never lose sight of the vision of israel at peace with its neighbors. so, as i began this is it let me say as clearly as we can, the united states of america stands with the state of israel because it is in our fundamental national security interests, it makes us both stronger, it makes us both a more prosperous, and it makes the world a better place. that is why -- [applause] the united states it was the very first nation to recognize the state of israel 65 years ago. that is why the star of david and the stars and stripes flying together today. that is why i am confident in declaring that our al
to new cures, harness new energy and have helped transform us in the high-tech homes of our global economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and floods come, our doctors and rest was reached out to help. when people are suffering, from africa to asia, we partnered to fight disease and overcome hunger. piecend together because must come to the holy land. for even as we are clear-eyed about the difficulties...
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manufacturer are expected to relocate sites to newly emerging economies. they want to take advantage of lower costs. analysts say if the figure continues to drop, it will affect regional economies in japan as well as employment. >>> elderly japanese suffering from dementia could soon be using the latest technology to help them lead more fulfilling lives. the research institute of the national rehabilitation center for persons with disabilities organized an event to display their newest equipment. about 100 people attended, including family members and helpers who look after people with dementia. a pill case reminds users to take their medicine and even prevents accidental overdoses. the case is fitted with an alarm and dispenses the correct amount of medicine. researchers said 19 elderly people who forgot to take pills more than once a week tried using the case. after three months, 14 of them found it helpful. other equipment included a transmitter attached to purses or keys. when a remote control button is pushed the equipment emits a sound to help the us
manufacturer are expected to relocate sites to newly emerging economies. they want to take advantage of lower costs. analysts say if the figure continues to drop, it will affect regional economies in japan as well as employment. >>> elderly japanese suffering from dementia could soon be using the latest technology to help them lead more fulfilling lives. the research institute of the national rehabilitation center for persons with disabilities organized an event to display their newest...
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officials are trying to find a new way to keep their own economy afloat after the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday is when the banks open up. in the back channels with russia on financial support, so it seems they're hoping they can find a stopgap. >> shepard: what i didn't understand was the real problem with this situation in spy russ is the russians, who have been laundering money, have stashed so much money in the banks, the banks are bigger than the economy in the country. so they could have taxed it at 13%. they have, like our federal deposit insurance company, they have guarantees up to 100,000 euros. why not tax problem kids and not every day folks. >> it could come to that. the vote that failed was above 20,000 eur
officials are trying to find a new way to keep their own economy afloat after the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday...
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and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global supply chains, it is absolutely critical for india to enact reforms and liberalize its economy, to tap into this regional market. this is how india anchors itself in the asia-pacific region and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.-india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve and it's going to take a concerted effort to make progress, but once the b.i.t. is f
and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global...
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and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka, china has been a really important economic driver here in the global economic scale especially over the last few years of the economic slump in the west. and when you look at this unrest and the riots that are happening, when you look at the impact on health care and the cost to the chinese government, there's a very real impact on the economy of china as a whole. and that certainly impacts the rest of us as the world. from an environmental perspective too smog and particlats that originate in china can be found on the beaches of the bahama and the a
and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka,...
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. >> cyprus accounts for just 0.2% of the eurozone economy, but what happens in cypress will have repercussions far beyond its shores, affecting overall confidence in the euro. that is why european leaders are feeling the heat. >> let's go back to eu headquarters in brussels, back to our correspondent. we heard in that report, time is money. nevertheless, eu leaders are passing the issue in this case to their finance ministers. >> grazing when you see how it works, but that is just the way it has been done. there are a lot of technical details that need to be discussed, and a meeting of eu leaders is simply not the right platform. that is why finance ministers are arriving this afternoon to discuss how exactly this bailout package can be put together. also it means possibly involving russia, the russian state. possibly also involving private creditors from russia, from other countries, from the very beginning, that they would have to accept that they would lose money, but all of this needs to be discussed in detail, and we are expecting a very long discussion, but hopefully, we will have a pack
. >> cyprus accounts for just 0.2% of the eurozone economy, but what happens in cypress will have repercussions far beyond its shores, affecting overall confidence in the euro. that is why european leaders are feeling the heat. >> let's go back to eu headquarters in brussels, back to our correspondent. we heard in that report, time is money. nevertheless, eu leaders are passing the issue in this case to their finance ministers. >> grazing when you see how it works, but that is...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> twitter exploded over a comment about a character in the hugely popular history channel show, "the bible." the character was satan. and the comment was satan looks like the president of the united states. now, the bible is produced by the survivor and voice producer mark burnett and his wife, roma downey. it is, as the name implies, a retelling of the scriptures from genesis to revelation. this weekend, right wing radio host glenn beck tweeted something about the show. quoting beck, quote, anyone else think the devil in "the bible" sunday on history channel looks exactly like that guy? that guy is what glenn beck calls president obama, mainly because he doesn't respect him enough to use his title. according to beck,
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> twitter exploded over a comment about a character in the hugely popular history channel show, "the bible." the character was satan....
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when it impacts on the economy has been a decline in tourism. that is related to the security situation. they recognize that. they have internal challenges. >> the real security challenge is internal. strict a has gotten pretty dangerous -- street crime has gotten pretty dangerous, especially in cairo. the other question is broader. that is a general direction they are heading in government lies. there was an election that questions reforms of the constitution in egypt. where is egypt heading? where is the muslim brotherhood or president morsi? byhe heavily influenced them? is there democratic transition? is their push for an islamist type stay? or is there still a flux? >> i think that latter, the third condition is still in flux. the leadership of egypt is influenced by pragmatic aspects and challenges like the state of the economy and the security in the streets. however, at the same time, the ideology is influenced by the muslim brotherhood. that is evident in some of the constitutional provisions, particularly with the rights of women. >> t
when it impacts on the economy has been a decline in tourism. that is related to the security situation. they recognize that. they have internal challenges. >> the real security challenge is internal. strict a has gotten pretty dangerous -- street crime has gotten pretty dangerous, especially in cairo. the other question is broader. that is a general direction they are heading in government lies. there was an election that questions reforms of the constitution in egypt. where is egypt...
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Mar 21, 2013
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FBC
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we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new policy from one of the country's biggest companies. tell us your weight and body fat or face a fine. "the willis reprt" is on the case. >> all that and more, but first, a top story, a warning for you and your money, a big cybersecurity threat could be headed our way, at least two major banks and three television networks in south korea reporting their computer networks crashed. officials there speculate it was all at the hands of sib terrorists from north korea. many bank customers were unable to use debit or credit cards. imagine that, atms shut down for hours. the invesgation ongoing at this time, but a big
we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> twitter exploded over a comment about a character in the hugely popular history channel show, "the bible." the character was satan. and the comment was satan looks like the president of the united states. now, the bible is produced by the survivor and voice producer mark burnett and his wife, roma downey. it is, as the name implies, a retelling of the scriptu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the...
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Mar 18, 2013
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i think it goes to the point where most americans are actually focused on jobs and economy, erin. they're not focused on the debt. i think you have that captive sort of republican grass root that is focused on the debt and trimming back federal government. and they've captured the s of republican party. but the vast majority of americans are more focused on the economy and creating jobs and building stable middle class than they are on cutting the deficit. yeah, the deficit is an issue. it's not the number one issue. >> why, boehner do that? we don't have an immediate debt crisis. you would see that in the market, right? so baner er isboehner is sayin. it is against what he's been saying which is the debt is a problem. why did he do that? >> he said we need to address it over the long term. that means taking steps now. but here's the thing, he is actually opening the possibility that republicans move to more favorable ground because right now the problem is that republicans are emphasizing have been emphasizing root canal economics, only fiscal austerity rather than a more positiv
i think it goes to the point where most americans are actually focused on jobs and economy, erin. they're not focused on the debt. i think you have that captive sort of republican grass root that is focused on the debt and trimming back federal government. and they've captured the s of republican party. but the vast majority of americans are more focused on the economy and creating jobs and building stable middle class than they are on cutting the deficit. yeah, the deficit is an issue. it's...
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he's looking for support in investment from japan to rebuild his country's economy. he says more jobs must be created for people settling in former tamil strongholds in the north and east. the president denies allegations by the united states and human rights groups that government forces committed serious abuses at the end of the war. >> they should have taken evidence, and after that, they should have written that report. without doing all that, they'll just issue a report, a one-sided, biased report. >> he says his government is investigating the allegations. >>> transport officials in thailand are planning to build a high speed rail network across their country. japanese rail operators are hoping to win the contract. they're showing off their technologies in the thai capital to drum up support. officials from the railway company are showing pictures and models of the shinkansen train. the prime minister became a fan of it when she rode it last year. >> i hope we can raise thailand's railways to international standards by learning about japanese system. >> thai of
he's looking for support in investment from japan to rebuild his country's economy. he says more jobs must be created for people settling in former tamil strongholds in the north and east. the president denies allegations by the united states and human rights groups that government forces committed serious abuses at the end of the war. >> they should have taken evidence, and after that, they should have written that report. without doing all that, they'll just issue a report, a one-sided,...
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. >> jamie: plus a new report showing a tale of two economies, young people struggling and millionaires the number is surging. what is needed that is still ahead. >> kelly: and we are less than two hours away from results of the cpac straw poll. what will it tell us about the presidential field in 2016? >> we're not here to rebrand the party. we are here to rebuild a country. [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis, my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an in
. >> jamie: plus a new report showing a tale of two economies, young people struggling and millionaires the number is surging. what is needed that is still ahead. >> kelly: and we are less than two hours away from results of the cpac straw poll. what will it tell us about the presidential field in 2016? >> we're not here to rebrand the party. we are here to rebuild a country. [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major...
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Mar 16, 2013
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >>> it's 29 minutes passed the hour. welcome back. hope you are having a great saturday so far. i am susan hendrix in for randi kaye. >> and i am joe johns. here are five stories we are watching this morning. rapper, lil wayne is recovering after having a seizure. his record label and publicist fought back reports saying he was in a medically induced coma and near death. he tweeted last night saying i am good, everybody, thanks for the prayers and love. his friend came to visit in l.a. and set up a vigil outside his hospital room. >>> two people are dead after trying to rescue a 6-year-old boy from a water fall. the boy fell in the big sioux river yesterday. his big sister and a ma
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >>> it's 29 minutes passed the hour. welcome back. hope you are having a great...
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Mar 17, 2013
03/13
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get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my mind. >> senators graham and ayotte and other republicans have said they're open to new revenue if the president is willing to do significant entitlement reform. is that something you could consider? would you say no to that? >> the president got his tax hikes on january 1st. the talk about raising revenue is over, it's time to deal with the spending problem. >> the president suggested cuts to social security and means testing medicare is that enough? what more does he have to do on entitlements for you to consider additional revenues? >> we need to put the entitlement p
get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my...
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Mar 20, 2013
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he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after parliament rejected a proposal to tax people's savings accounts. the fox business network peter barnes is live in the newsroom in washington. how concerned is the fed about cyprus? >> well, shep, he said the feted is paying attention to it, monitoring cyprus carefully. he said that so far its problems don't appear to be spreading to the u.s. or other countries. and that's the big concern here that this could become a contagion and trigger another financial crisis. but, bernanke suggested cyprus is unique, that its banking system is unusually large, compared to
he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after...
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Mar 20, 2013
03/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, finite possibilities. >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, another record day for your 401(k). the dow hitting another all time high up 56 points, and the s&p and nasdaq ending the day in green territory. good news, but we have bad news. head's up investors, high frequency trade firms could put you and trades at a big disadvantage. it's a wash trade. when traders acted legally as the buyer and seller for the same transaction driving volumes and distorting prices. the cftc on the case. we have details of the investigation and what it means to you. bart, great to have you on the show. thanks so much for coming on. explain the wash trades. what are they? why are they eel lisle? >> well, you explained it well, gerri. it's actually when you offer to buy and you sell at the same time. you just cancel each other out. you are not taking risks in the markets, and it creates a false volume, and there's all sorts of fancy terms for w
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, finite possibilities. >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, another record day for your 401(k). the dow hitting another all time high up 56 points, and the s&p and nasdaq ending the day in green territory. good news, but we have bad news. head's up investors, high frequency trade firms could put you and trades at a big...
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Mar 16, 2013
03/13
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we need to focus our efforts to grow the american economy, not the government economy. [applause] this is the most important point i want to make today. if you take nothing else away from what i have to say today, please understand this. we must not become the party of austerity. we must become the party of growth. [applause] of course, we know the government is out of control. we just lost an election. we must not continue to fight on our opponents terms. the republican party must become the party of growth. it is not based in washington, d.c. [applause] we have fallen into a trap of believing the world revolves around washington, that the economy is based there. if our goal is to simply better manage the disaster that is the federal government, you can count me out. i am not sign -- signing up for that. honestly, who of you here wants to sign up to help manage the slow decline of the united states of america? i sure don't. not -- that is what we have democrats for. [applause] party promises to be the party of more, but they are actually the party of less. they are the
we need to focus our efforts to grow the american economy, not the government economy. [applause] this is the most important point i want to make today. if you take nothing else away from what i have to say today, please understand this. we must not become the party of austerity. we must become the party of growth. [applause] of course, we know the government is out of control. we just lost an election. we must not continue to fight on our opponents terms. the republican party must become the...
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where the chinese currency appreciates and you have a tremendous a local domestic economy spenders in china who are buying the things that they've been manufacturing because they can afford it because their currency suddenly appreciated remember the u.s. dollar as a percentage of world trade as steadily decrease every quarter of every year for the past twenty years and this trend is now getting to the point where as a percentage of global trade the u.s. dollar will dip below fifty percent at that point you can categorically state that the u.s. dollar is no longer the world reserve currency and are rapidly approaching that key number so again here we see a situation where china might have to internationalize let it float suddenly ok that's one thing so in the background that would mean they must be looking at a way to accumulate gold more rapidly if they think that's the situation on the international stage look at this next. headline currency war is central banks in denial or lying and this is from our friend a ponzi planet dot com it's fire stein and he says a large consumer products
where the chinese currency appreciates and you have a tremendous a local domestic economy spenders in china who are buying the things that they've been manufacturing because they can afford it because their currency suddenly appreciated remember the u.s. dollar as a percentage of world trade as steadily decrease every quarter of every year for the past twenty years and this trend is now getting to the point where as a percentage of global trade the u.s. dollar will dip below fifty percent at...
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Mar 20, 2013
03/13
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economy. the u.s. economy's crucial. in order for the world to grow. euro has to go so the economy has to continue in this trajectory of stable solid growth and bring down the rate of unemployment. >> rose: do you expect, has the president engage in a different kind of shall we say diplomacy with congress we'll more likely kind a bargain between the republicans and democrats on taxes and spending. >> that's always going to go down to the wire. i wouldn't expect anything before. the question there is whether the negotiates going down to the wire will spook the markets or not. the markets have been remarkably resillient. we went through a sequester deadline. the dow hits an all time high during this. >> rose: why was that? >> because i think the fed trumps everything. money cures all. >> it's all about the fed. i'm a skeptic on the grand bargain. i don't think there's a passing game here. there's going to be a ground game and it's going to be, we're going to go yard by yard and we may get little species of this but the idea everyone's going to come toget
economy. the u.s. economy's crucial. in order for the world to grow. euro has to go so the economy has to continue in this trajectory of stable solid growth and bring down the rate of unemployment. >> rose: do you expect, has the president engage in a different kind of shall we say diplomacy with congress we'll more likely kind a bargain between the republicans and democrats on taxes and spending. >> that's always going to go down to the wire. i wouldn't expect anything before. the...
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Mar 17, 2013
03/13
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> president obama selling a creative way to pay for research into alternative energy sources. he used his weekly address to present a plan to use the money collected from private companies who drill for oil on public lands. >> now, this idea isn't mine. it actually builds off a proposal put forward by a nonpartisan coalition of ceos and retired generals and admirals. let's take their advice
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. we don't let frequent heartburn come between us and what we love. so if you're one of...
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Mar 13, 2013
03/13
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CSPAN2
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of course, we all of the economy to get better. we would like it to be better soon. as fast as it can possibly be. as that happens, the competition for the best and brightest is going to go out. in that environment, i am concerned that when they are weighing the financial certainty for their families, that they will come down on a different side. >> i think that that is an important question for us. we have an all volunteer military. so i think that we need to be mindful of this because we are competing for the best and brightest and we have been getting it. i believe again, there are magnificent people that raise their right hand and it doesn't seem to much matter. they are all working hard to do the right thing. >> it is preserving mountain there is an impact with what is going on. >> can you comment additionally? >> i agree with everything that you read. i think it is 100% on track. we are impacted in two areas. it impacts our ability to treat more than we need to do that to get this stood out. by singling out the civilian work force, we have done a grave injustic
of course, we all of the economy to get better. we would like it to be better soon. as fast as it can possibly be. as that happens, the competition for the best and brightest is going to go out. in that environment, i am concerned that when they are weighing the financial certainty for their families, that they will come down on a different side. >> i think that that is an important question for us. we have an all volunteer military. so i think that we need to be mindful of this because...
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Mar 17, 2013
03/13
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fresher, brighter every day. [ male announcer ] cleaner, ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you h
fresher, brighter every day. [ male announcer ] cleaner, ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved...
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margins of the shadow banking system is where the fortunes of these underlying economies are going to be determined that have absolutely nothing to do with house prices or wages or jobs or savings it has everything to do with people fighting the currency war in the shadows and we only see the best edges of the of the shooting that's going on when the occasionally you'll see a flash crash or a or a gap opening or some kind of market event but behind the scenes it's a raging is stew of of of quantitative and nightmarish currency bubbles so now that they're concerned mostly about capital crossing their borders plunging itself into their economy and them losing control of their own monetary policy and we've also seen this is switzerland which says twichell in the poorest is a safe haven it's considered safe haven lease a massive inflows of capital during the crisis and they introduce a currency pag now of course china has a currency pegged to the dollar but they say perhaps the real reason behind the amplified currency war rhetoric is that china has been pushed into a tight spot the endga
margins of the shadow banking system is where the fortunes of these underlying economies are going to be determined that have absolutely nothing to do with house prices or wages or jobs or savings it has everything to do with people fighting the currency war in the shadows and we only see the best edges of the of the shooting that's going on when the occasionally you'll see a flash crash or a or a gap opening or some kind of market event but behind the scenes it's a raging is stew of of of...
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Mar 19, 2013
03/13
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FBC
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it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. needs right now, we not only have a jobs problem. neil: i think it should be your highest priority. >> it is important for us to look -- >> okay, i understand. >> i don't know why we're again saving the world. neil: i'm not again saving the whales and birds, i'm i w
it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus...
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Mar 21, 2013
03/13
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economy. they are also costs associated with unconventional policy, such as potential effects of financial stability, which are hard to quantify and people have different views about. giveve not been able to quantitative thresholds at this point for the assets -- asset purchases. we will continue to provide information as we go forward. in particular, as i mentioned it , wey, as we make progress may adjust the flow rate of purchases month-to-month to appropriately calibrate the amount of accommodation we are providing giving the outlook -- given the outlook. weterms of further color, have not given quantitative analysis. we would be looking for a sustained improvement in a range of key labor market indicators, including payrolls, but also others like the hiring rate, claims for unemployment insurance, and so on. we are looking for a sustained improvement across a range of indicators and since we are looking at the outlook and the prospects rather than the current state of the labor market, we
economy. they are also costs associated with unconventional policy, such as potential effects of financial stability, which are hard to quantify and people have different views about. giveve not been able to quantitative thresholds at this point for the assets -- asset purchases. we will continue to provide information as we go forward. in particular, as i mentioned it , wey, as we make progress may adjust the flow rate of purchases month-to-month to appropriately calibrate the amount of...
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up next and stacey will be taking a look at the much feared currency wars could mean for the world economy stay with us here for the kaiser. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a happy hour later you want to start another one this year ever ok and so what's going on there next try is there yes that's a train down there coming into penn station but you know there are consequences the biggest story that we've been covering here on the kaiser report for the past three or four years and china has been very vocal speaking out against the currency war why china fears currency wars on friday commerce minister chen deming was the latest to raise concerns about competitive currency depreciation and the effects of excessive money printing by central banks the head of china sovereign wealth fund was less diplomatic reportedly warning japan against treating your neighbors as your garbage bin. and starting a currency war right what i thought according to christine lagarde everybody was on the same page with this global currency war that
up next and stacey will be taking a look at the much feared currency wars could mean for the world economy stay with us here for the kaiser. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a happy hour later you want to start another one this year ever ok and so what's going on there next try is there yes that's a train down there coming into penn station but you know there are consequences the biggest story that we've been covering here on...
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Mar 16, 2013
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listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you both more about cpac. don't go away the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! and these come together, one thing you can
listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you...
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control all eyes are on whether the revamped leadership can keep the growth going to surpass america's economy in a few years. and a contentious referendum that saw the four can dial and choose to remain british brings to light the story of another island whose residents had no say when britain deprived them of their land. and i welcome you watching r.t. coming to you live from moscow now a full already a recording of bradley manning telling a military court why he gave classified data to wiki leaks has itself been leaked despite a court ban manning is heard accusing the u.s. army of not valuing human life in iraq and comparing troops to children torturing and with a magnifying glass more on this now from artie's tom barton. he did use very strong words in the manning when describing the material he gave to wiki leaks what exactly did he say hi there on the he did he used emotive language is especially as he worked through this over an hour of all the of his statement to the court describing his feelings we've taken a couple of edited excerpts of that one of them concerns this video from the c
control all eyes are on whether the revamped leadership can keep the growth going to surpass america's economy in a few years. and a contentious referendum that saw the four can dial and choose to remain british brings to light the story of another island whose residents had no say when britain deprived them of their land. and i welcome you watching r.t. coming to you live from moscow now a full already a recording of bradley manning telling a military court why he gave classified data to wiki...